In Big League
Kotak mahindra Bank is gradually scaling up its universal banking model to play a bigger role in the financial services market.
For a bank that says getting the fastest growing tag has never been its number one priority, Kotak Mahindra Bank has done exceptionally well for itself. The focus on reducing risk, rather than growing at all costs, is perhaps why this new millennium bank has emerged from the bad loan crisis which has singed almost all the country's banks unscathed.
"Aspiration wise, we do not want to be the fastest growing bank. We want to grow at a healthy trot. In that growth, you have to balance growth with risk," says Dipak Gupta, Joint Managing Director, Kotak Mahindra Bank. This shows in the bank's non performing asset (NPA) ratio of 0.98 per cent, among the lowest in the sector. The
